EORC Beijing, Operational Risk Specialist – Director recruitment
Position Category: Risk Management
Position Title: EORC Beijing, Operational Risk Specialist - Director
Job Level: Director
Location: China - Beijing
Education Required: Bachelors Degree
Position Description:
Enterprise Operational Risk and Control (EORC) is tasked to ensure that the Firm has a sound operational risk management culture and practices across all divisions and regions. This role is part of the Firm-wide Operational Risk program covering all aspects of Operational Risk across all divisions in Morgan Stanley in the Asia region, with special focus on the Morgan Stanley Banking entity in China.
Key responsibilities for this role would include:
• Ownership of the monthly Firm-wide, regional country level Operational Risk Report, including ongoing production, analysis and development of the reporting
• Working with Operational Risk Department (ORD) and senior management, to improve design, content and efficiency of Operational Risk management reporting to various oversight committees such as Asia Operational Risk Committee (Monthly), country operational risk committees, and Executive Management;
• Perform operational risk report generation adherence to Operational Risk reporting procedure
• Ongoing review assessment of Operational Risk Incidents and associated Action Plans, including thematic and root cause analysis and review of incident post-mortems
• Operational Risk Incident, action plan verification for 'significant' incidents
• Develop Operational Risk Metrics program as well as ongoing review, assessment collection of Key Risk Indicators
• Operational Risk analysis of data collected to identify key risk themes from the various data sources (incidents, indicators, assessments etc)
• User training for risk systems in the region (RITA, RADAR)
• Coordinate/assist facilitate self assessment programs (RCSA, targeted risk reviews)
• Participate and provide input to highlight any operational risk requirement in accordance with business and regulatory requirements that relates to internal controls and operational risk management; Implement/ execute the Firm-wide Operational Risk related projects and initiatives as required
Skills Required:
Candidates will be expected to demonstrate the ability to act with integrity, and maturity. Flexibility is a key element as is the ability to understand and react to changes in senior management's priorities.
Candidates should be able to plan and coordinate several tasks at any one time. Candidates will be expected to set and achieve deadlines for each deliverable. Attention to detail and quality of presentation is a must, especially since the reports produced will be used by senior management to assess their level of risk.
Sound communication skills are required to enable effective interaction with all levels of the organisation and to coordinate/facilitate meetings. It will also be important to have excellent team work skills, given that coordination is required across global and virtual teams.
The role will require external liaison with senior management in the banking entity in China, as well as with colleagues in other regions.
Ability to communicate in English and Putonghua is required. Ability to read simplied Chinese is a must.